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bekas [8.4K]
3 years ago
7

Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing cust

omers. There are three activity pools: guest check-in, room cleaning, and meal service. The activity rates associated with each activity pool are $8.30 per guest check-in, $20.00 per room cleaning, and $4.00 per served meal (not including food). Tara Washington visited the hotel for a 3-night stay. Washington had 6 meals in the hotel during her visit. Determine the total monthly activity-based cost for Washington during the month. Round your answer to the nearest cent. $
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
8 0

Answer:

Total cost= $40.3

Explanation:

Giving the following information:

The activity rates associated with each activity pool are:

$8.30 per guest check-in

$20.00 per room cleaning

$4.00 per served meal (not including food).

Tara Washington visited the hotel for a 3-night stay. Washington had 6 meals in the hotel during her visit.

Total cost= 8.30*1 + 20*1 + 4*3= $40.3

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Hitman42 [59]

Answer:

54,600

Explanation:

According to the scenario, computation of the given data are as follow:-

Particular                          Quantity of Raw Material (liters)

Required Raw Material                                   56,000

Add-Raw Material’s ending stock (52,000 × 35%) 18,200

Less-Raw Material’s opening stock(56,000 × 35%) 19,600

Budgeted material need for April                                 54,600

We simply applied the above format for determining the budgeted material needed for the month of April

5 0
3 years ago
Which of the following would NOT be considered an investment in human capital?
bearhunter [10]

Answer:

B: Purchasing a new computer

Explanation:

Investing your money in a new computer does not teach you new skills so it would not be counted as an investment in human capital. Obtaining a college degree, attending a first-aid class, and paying for cooking lessons enhances your creativity and skills so they are the perfect examples of investments in human capital. Moreover, one of the major characteristics of investing in human capital is that they are intangible so that's another reason why purchasing a new computer cannot be categorized as an investment in human capital.

4 0
3 years ago
the cost object(s) of the activity-based costing method is(are): Multiple Choice The unit of product. The production departments
Agata [3.3K]

Answer: d. The production activities in the first stage and the unit of product in the second stage

Explanation:

Activity based Costing is primarily a method of assigning indirect costs like administrative expenses to the goods and services manufactured by a company by basing it on the activities of the company.

With Activity Based Costing, the company aims to figure out how much these aforementioned activities cost first and then calculating the cost per unit in the second stage by assigning cost per level of activity.

7 0
3 years ago
A company that designs video games has decided to expand and needs to hire Software Developers, Web Administrators, and Computer
Harman [31]

Answer:

A technical school that specializes in computer training.....Hope this helps!

6 0
2 years ago
Read 2 more answers
Ceteris paribus, if the corn crop is 15 percent larger this year than it was last year, farmers will have to ________ the price
Yuki888 [10]

Answer:

Reduce and  more than 15 percent

Explanation:

As Inelastic Demand state that the percentage change in quantity demanded is less than the percentage change in price. Therefore, if the crop is 15 percent higher, farmers will have to reduce the cost of corn by 15 percent to sell the new crop. We know that supply and price share an inverse relationship to reduce sales as supply increases and new crops grow.

7 0
3 years ago
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